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20121027
20121104
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Search Results 0 to 49 of about 163 (some duplicates have been removed)
an argument for economic freedom and talked about the difference between the real economy that mitt romney participated in and succeeded in and the solyndra economy of president where you fund favored enterprises. >> when we come back president obama revamps his stump speech, taking credit for recent positive signs in the economy. but is our outlook that rosy? our panel takes a closer look next. ooooooooooif we want to ime our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> after losing nine million jobs in the great recession, our businesses have now add more than five million jobs over the past two and a half years, manufacturing is at its highest level since the '90s, unemployment has fallen to hit lowest level since i took office. home sales are rising, asemi lines are humming again. >> that as president oba
of the "wall street journal," economy grows at 2% pace. consumers, government spending, powered third-quarter gains, but growth likely to slow down. and that's what we want to talk to you about for the first 45 minutes of this edition of the "washington journal." good morning. today is saturday, october 27. we want to talk to you about your optimism or pessimism about the economy. things getting better? things getting worse? are you doing all right? could you be doing better? we want to talk to you about the economy, your optimism, and your pessimism in terms of your personal economy and not necessarily how you feel the candidates will do, what they might do for the economy once they get elected. 202-585-3881 for republicans. for democrats, 202-585-3880. for independents, 202-585-3882. and you can also reach out to us via social media. the address on twitter, @spanwj. facebook.com/cspan. and email, journal@c-span.org. more from the article this morning from the "wall street journal," economy grows at 2% pace. josh mitchell and refugee write -- -- and jeffrey write -- host: we'll take
. there are people who want to serve when the economy changes, could impact this? yes. but right now, i feel it is not impacting our recruiting. it does not impact our quality operationally, and hopefully that will continue. >> you have been in the job for a little over a year now. god willing and things go right, you have three more years to go. i know that much of the decade before you took this job, it was not in the middle of the night and waking up and saying, what would i do if i was the chief? you have other things on your mind. what has surprised you the most in coming into this circumstance? >> well, i think, -- i guess i've got to be careful. one of the things i tell everybody what i was the commander in iraq and the commander of the core there, have the freedom to make some pretty significant decisions. that freedom is not quite the same here in washington. that is probably one of the biggest adjustment. i had to realize i did not have complete autonomy. i knew that, but it took me a while to understand that really. the real challenges that we have are that we have this large orga
's had since we've been in technical recovery, the economy grew 20%. obama has grown 7%. a third the strength of reagan's. job creation much higher under reagan. what did reagan do? all the things that romney and ryan are talking about. lower marginal tax rates. obama wants to raise them. less spending. obama added $5 trillion of debt. we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point to you in this taxpayer protection pledge, which i have on me. i don't know if people can see it clearly. you have everyone sign for the house of reps, i pledge i will oppose any and all efforts to increase the marginal income tax to oppose any net reduction or elim
. big, big hit to the economy. >> paul, thank you so much. i know you're going to be with us for the next few days as we continue to work through hurricane sandy. thank you, paul. >>> all right. tyler, over to you. >> thank you, sue. hurricane sandy of course bearing down, point pleasant, new jersey. some utilities bracing for the worse. we just talk a little bit about that. warning customers that they could be out of power for a week, ten days, maybe more. what kind of damage are we talking about here and will some utilities perform better than others. greg gordon is senior managing director at isi group. mr. gordon, welcome, good to see you. can any utility that will be affected by this storm be described as a potential winner? >> no. look, these companies are regulated. they are -- they make fixed rates of return on the infrastructure and their job is to provide service. when you have a natural disaster of this proportion, their job is to restore that service as quickly as possible. i've been on the phone and talking to ceos of a bunch of companies since yesterday morning.
power. including around 650,000 in new york city alone. and costs to the country's economy estimated between $10 billion and $20 billion and growing. we're going to talk about the political, economic and environment implications of hurricane sandy for the next two hours, including how this natural disaster has linked this year's prominent foes, president obama andries and chris christie. both told reporters that they were determined to repair and rebuild the damage even as they praised each other's forms the crisis. >> the things we need to do is to make sure power restored as quickly as possible. make sure people have clean drinking water hospitals are taken care of the way we need to, and kids are back to school. i'm please to report that the president has sprung into action immediately to help us get us those things while we were in the car riding together. i appreciate that. he has worked extremely closely with me since the storm hit. this is our sixth conversation oversince the weekend. i cannot thank the president enough for his personal concern and compassion for our state and
. this is a critical time. the president was a president who took office with the economy as the number one challenge and he has high are unemployment today than when he took office. think of that. the president of the united states presides over a nation under his leadership where unemployment is higher than the day he took office. he said he would save social security and medicare because they were headed to insolvency. instead, he made no effort to save either and he took $716 billion from medicare to pay for obamacare. and he said he was going do lower the cost of your health insurance by $2,500 a family by now. instead it has gone up by $3,000 a family. gasoline prices are also up by $2,000 a family. of course, he said he would work across the aisle on the most important issues america faces. the last time the president met with either the republican leader of the house or the republican leader of the senate to talk about jobs or the economy offer the deficit was in july. this is a budget who -- president who has promise add lot of things whose record is different. rather than building the bridg
today. some of it supposed to have come out earlier in the week, was delayed. shows an economy building momentum. that is at least until sandy came. steve leisman here. steve, is sandy going to slam the brakes on this slightly upward arc we're seeing in the economy? >> it is definitely going to have an impact on the economy. today we got a read on the economy ahead of sandy giving us really a baseline. that baseline was a little bit better than economists originally thought. at almost every count. perhaps the miss here -- what a nice graphic they made. perhaps the miss there was because they don't know how to estimate the new methodology. but that was better than expected. claims a little bit better than expected. ism above expectations also. construction spending powered by residential spending. government spending was tailing off there. consumer sentiment missed, but that was better than it was in the prior month. take a look at the ism manufacturing index in detail. we had this swoon, june, july, august, now it's popped back up above 50 for two months in a row. early to call a trend
thanksgiving when winds. and then the market will get back to trying to figure out what is the economy, what will earnings do. from current levels i think we have some decent upside next year. lori: department stores, application software, given the hurricane and the aftermath you heard home depot, are you changing some strategies? given that disaster? >> our investors, given with the retail investors in it for the longer haul. the home-improvement retailers, they have really done well, and things are selling right now. plywood, tarps, all those things are low margin items and while they have seen a jump since sandy hit in the market has reopened, i don't know how much they're really going to get out of sandy, but they will get more out of a continuation of the economic recovery so if you are in those we want you to stay in those, but we are not trying to get our investors in and out of stocks quickly based on the aftermath of the hurricane. lori: until your talking but the treasuries, are you taking up the space, we'd advise equities? >> even though the market is pretty close, the year-end
analogis. whoever wins the commonwealth will win it by a nose. the governor pressing hard on economy today. "fox news poll" showing him with a nine point ad vage over the president. with mr. obama on the campaign trail governor romney is sharpening the contrast with the president who is best to bring back prosperity for the nation. >> do you want the four more years like the last four years? >> no!. >> you want four more years where 23 million americans are struggling to have a good job? >> no!. >> you want four more years where earnings are going down every year? >> no!. >> you want four more years of trillion dollar deficits in washington? >> no!. >> reporter: governor romney drawing the sharp contrasts with government. do you want bigger government with stifling regulations or smaller leaner government to help the private sector to grow and create jobs. he dinged the president in a new ad today suggesting somewhere down the road he may appoint a secretary of business, watch. >> barack obama says he may appoint a secretary of business. his solution to everything is add another bureaucrat
gets. he will have to discuss why there are better times ahead. why he can manage the economy. that has been lackluster. i think that home would be kinder. >> how long does it take and how much does it cost to rebuild the battered communities? in japan, they are still asking that question a year after the tsunami. billions of dollars destined for reconstruction have been misspent. >> the images of the massive it tsunami is surging ashore in march 2011 are indelibly burned into the members of people around the world. the destruction was on a scale few people had ever seen before and many found it hard to comprehend. the coastline more than 250 kilometers long was left utterly devastated. whole town's white from the map in a matter of minutes. it was clear that the cleanup and rebuilding was going to be an enormous effort. the biggest since the end of world war ii. the japanese government to decide 150 billion u.s. dollars to fund it. it turns out that a quarter is spent on projects completely unrelated to the disaster. the list of projects, according to the japanese government's audit, i
a while. perhaps even a decade. one said it shows progress in a strengthening economy, but it levels well short needed to stick complaint reduce the unemployment rate. >> good, solid growth is at least a quarter million jobs a month and even at that rate we are talking about five or six years. if you want to get back in the next presidential term in four years, you need something like 325,000 jobs a month. that's much stronger than we are getting right now. >> one obstacle preventing people from hiring is they don't know what their tax rates will be in january or how much the government will spend. all the expiring policies known as the fiscal cliff, rich. >> wall street didn't like something today. >> it was better than expected. first the stocks went higher and then they went south. they blame the costs of hurricane sandy and the dow drops 140, the s&p 13 and phase back 38. >>. >> the president and gov. romney that different reaction to the jobs numbers. we will check in with each campaign as it battles for one of the biggest swing states on the map with now four days to go. from the jo
of that on top of already tough, tough economy. major department stores can derive 10% of sales from manhattan locations. a very big impact expected on the economy. the labor department releasing the final weekly jobs report before the presidential election. it shows 358,000 americans filing for first time jobless benefits. that is drop of just 9000. take a look back so you can keep it into perspective there is look since the start of the recession. we have little change since january when weekly jobless claims dropped to 360,000. tomorrow we get the last big monthly jobs report as the october number comes in. let's bring in fox business network stuart varney for a look at this. good mornings, stuart. what lies ahead? >> that is a difficult question to answer. looking at the numbers we received today from a couple of reports you can probably say tomorrow 8:30 eastern time there were roughly, 120,000 new jobs created last month. that is a very rough estimate looking at today's numbers. now let me go into today's numbers, they are politically loaded because they present a snapshot of the economy
in the battleground state of virginia. all day, in fact. last hour in roanoke, he hammered away on the economy and how in his words americans are in worse shape today than they were four years ago, he says because of president obama's policies. our jim acosta also working the campaign trail, and this is the nuts and bolts of the reaction. >> at an event in roanoke, virginia, mitt romney ended a political truce with president obama in the aftermath of hurricane sandy, while he avoided attacking the president during a series of stops across the state of florida, that was not the case here in virginia. romney went after what he often hears outside some of his events from some of the president's supporters who sometimes chant "four more years," romney said it should be more like five more days. and then he went after an idea the president floated out in recent days when mr. obama talked about potentially naming a secretary of business in a second term. here's what romney had to say. >> we don't need the secretary of business to understand business. we need a president who understands business, and i do. a
for unfair china trading practices. these are important things because the economy is the number one issue. >> you're trying to cram a lot of things in in these last five days. >> chris, let's get to it. we're going to be listening to the president later this hour. his campaign describing the speech as a closing argument to the voters. what tone does he need to strike? chris, does he really need to keep it respectful or hit back against mitt romney? >> you know, i don't think he necessarily needs to hit back. i personally think, no surprise, that it was a mistake for governor romney to come out as harsh as he did. when there's a national crisis, something as significant and so many people have been affected by hurricane sandy, the last thing people think about and talk about and want to focus on is politics. you have to be very careful about that. i think the president is going to come out, especially in light of what you've seen over the last few days, and strike a more positive, unifying tone. i think it's a smart strategy, especially coming down to the last days. let's be honest. i thin
to the economy a little bit. specifically, jobs. we have key readings out today ahead of the big report tomorrow. it is up 140 on the dow and i believe they like this jobs report. i want to talk about adp. they had some issues with the way they put it together and they changed their methodology. does that affect the way we should look at it back i do not know. first of all, it is such a short data series. there is not a lot of history to it. i like it better that it is a private company based on their surveys. they look at tomorrow's employment data like it means something. it is so highly revised. last september at the original estimate came out about 100,000 jobs. the market got hit. it was not a good situation. now, if you look at the number after revisions, it is over 200,000 jobs. my point to the viewer is, try to not look at the individual data point, but look at the trend of the data point. that continues to be positive. connell: give me a quick take on what you think of the stock market in general. i think everything seems to be political or now got this we, obviously, with the storm, wi
damage to property and the economy, the total impact expected to reach a staggering $50 billion. the damage is perhaps nowhere worse than the coastline of new jersey where sandy came ashore laying waste to an amusement park and historic boardwalk at seaside heights. as for the airports, jfk, newark, they're expected to resume limited service this morning. the same cannot be said for laguardia. jetblue posted these photos of the runways submerged. more than 18,000 flights have already been canceled as a result of sandy. and police had to take to the air to save victims from rooftops in staten island after floodwaters surrounded their homes. they were loaded one by one into baskets before being hoisted to safety. now let's go to breezy point. a neighborhood of queens which looks like a war zone after a fire devastated the small community. absolutely devastated it. more than 100 homes were destroyed. officials say the high winds from the storm pushed the flames from one building to the next. amazingly, no serious injuries reported there. but high god, look at that neighborhood. it
well. it remains a strong part of the u.s. economy. >> stock the next 1% loop. >> the autos are a real bright spot. i like that gm call yesterday. in technology, we did have a couple of deals. they're merging it with a software company. but it's a pretty nice premium. you always like to see a 30-plus premium after all. >> they have some accounting issues. >> forget it if that's the case. if you say it, i believe it. we should also appoint bmc in the software area.$750 million going to buy back really quickly. by the end of the year, bmc has a lot of activists in that name. it was thought that you actually get a deal. i have spoken with a couple of them near the end of the year. you've got the likes of elliott and associates. you've got these core views in there. so it's a positive, they are changing the capital structure to a certain extent. >> we'll talk more about the ford numbers. phil, how big of a mess here? >> not a huge mess. they were slightly positive. 0.4%. what will be interesting to hear on the conference call is how much sandy slowed down sales, not only in the northeast,
before america votes, we are about to get the last pre-election numbers on jobs in our economy. >> i got nothing left. memories or anything else. everything is ruined. ruined. >> survivors of hurricane sandy still waiting for help. they are worrying about the future. good morning to you. welcome to "early start." >> it is 5:00 a.m. in the east. we are going begin with a sprint to the finish line. the last major hurdle in the way. the october jobs report will be released in three and a half hours. both the obama and romney campaign hope the numbers will help them in the race. it's too close to call right now. christine romans is going to have a look at it. christine? >> let's talk about what we are expecting in the final economic report before tuesday. in three and a half hours, we'll find out what happens for jobs and the unemployment rate. the expectation is the unemployment rate is 7.9%, picking up slightly with 125,000 jobs added in the month. the trend, though, is what is so important here, right? sometimes you get a little in the month. the trend is what's important. 7.8% was the un
what really is going on here. when president clinton said the economy is stupid, what really happened all the way back in 1980, we went through a 24 hours news cycle which you represent first-hand, the ability of the press to cover news has been enhanced. job reports, gdp reports, prior to 1980, with the advent of cnn and later yourselves, they got pushed aside. they were only covered in print. this will be decided in the middle west, on the jobs numbers, the gdp numbers, it will be decided in some of these swing states. dagen: does it make, speaking of swing states, the cincinnati -- that one pull from the cincinnati inquirer has them neck and neck 49-49. because of the weather, because they are canceling some events, do those ad dollars spent on tv in the ads that are running on radio and television, are they even more critical because of what is happening with the weather? >> it has been a tsunami of ads. it is just overwhelming. there is almost nothing you can do in this letter week that you have not already seen. all the tv time was bought up as early as labor day. i think friday
thought. the unemployment rate inched up from 7.8% to 7.9%. the economy added an average of 173,000 jobs per month since july. mitt romney issued a statement that said the unemployment rate is a sad reminder the economy is a virtual standstill for the jobless rate is higher than it was when president obama took office. we will hilton -- we will hear more about the unemployment number from both campaigns today. they are on the campaign trail with four days to go into the elections. president obama has three stops in ohio. coming up in about 15 minutes here on c-span, we will take you to the first stop of the day in hilltard outside columbus. the first lady michelle obama is campaigning in virginia today. at 5:30 eastern, we will take you to petersburg where she will be speaking with supporters. tonight on c-span, mitt romney and paul brian will be joined by their wives for a rally in west chester, ohio. another big names are appearing including condoleezza rice and senator john mccain this evening at 7:30 eastern and we will have that live on c-span. while we wait to hear from president o
of the economy trumping culture in the minds of most voters? >> well, i think that's true of all segments of voters. the economy is trumping the cultural issue of. it rubbed them out. i think also mitt romney is more the kind of candidate that people in affront -- affluent suburbs cotton to. he is from the suburbs himself. he won the republican nomination in affluent areas and shown himself to be more articulate than president obama, the supposedly great orator. people in affluent suburbs like people who are articulate, who use words good, as i like to put it, and that is an advantage that mitt romney has and that he demonstrated to great effect there, and i think -- i wrote earlier in the washington examiner that romney was a kin dread spirit to many aflute people. politically awkward on some occasion. he is able to make a sharp point but is polite and is conservative on the cultural issues. has an attitude that reminds me of the inscription on the tombstone of an english woman which noted she was religious without enthusiasm. >> well, what's this democratic argument you're hearing now,
. ♪ ♪ the trucks are going farther. the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. ♪ just put a little bit of yourself ♪ ♪ in everything you do ♪ [ female announcer ] add your own ingredients to hamburger helper for a fresh take on a quick, delicious meal. it's one box with hundreds of possibilities. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. hershey's drops. a lot of hershey's happiness in little drops of milk chocolate. and cookies n creme. pure hershey's. >> eliot: the focus has been on hurricane sandy and its aftermath. as we pivot back to tuesday's presidential vote, there is economic news that may swing the needle in what is still an extraordinarily tight race. it is the number of jobs added to the economy in the last month before the elect
big economic headline today, the u.s. economy adding -- joining us down in florida where i am told he voted today. >> i did, i voted today. i have to watch out for the weather. connell: that is the big question. you know, in terms of how that will affect the election. in terms of numbers today, we said this would be the big number ahead of the election. 7.9% unemployment, hundred 70 plus jobs. >> i do not know about the election. the report is a good report. it is above estimates. the revisions were good. two things are good in this report. incomes did not write so much. they are better than what we used to get. we look back and say, hey, we created a half million jobs within the last three months. the numbers should be a little stronger when they have final data. this is good news today. connell: is it signs that the economy is really coming back click back we brought up that people have questions about the quality of the jobs or are you still have a lot of people working part-time that want to be full-time. characterize where you think we are in the recovery right now? >> small incr
the economy his number one campaign priority, and rightly so. this marks the very first time the paper has endorsed a republican since richard nixon. that was in 1972. joining me now is rick green of "the des moines register." it's great to have you with me. your paper did endorse mitt romney over the weekend. as i read from your blog and other reasons why that happened, you said the transparency was key to that selection. romney recently appeared in ohio claiming that jeep was moving production to china and has doubled-down with a new ad. i want to show everybody what that new ad looks like. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians building jeeps in china. >> chrysler issued a statement last week saying jeep has intention of shifting production of jeep models out of the north america to china. this president said this election is about trust. we have chrysler saying that romney was flat-out wrong, but he's still pushing this issue. do you believe that governor romney for the readers of "the register" is the candidate that should be trusted? >> it's great
of that. richest country in the history of the earth, largest economy in the world, and yet 47 million people need food stamps? so i believe that this is the year for us to take a different course. i will bring real change and real reform andin a president t brings us together. now, i don't just talk about change, i actually have a plan to execute change and to make it happen. and there are five parts to that. and i hope you understand what they are. if you don't, let me just remind you. number one, i really do believe that we were given kind of an ace in the hole, and that is that someone learned how to drill in the earth, not just vertically but horizontally and then tap into pockets of oil and gas. as a result, we have huge new resources and natural gas and oil. so number one for me is take full advantage of our oil, our coal, our gas, our nuclear and our renewables. and that -- that creates, by the way, a lot of jobs in the energy states, of course, but it also creates a lot of jobs in states that use energy, because manufacturing of all kinds uses energy, some more than others. an
comments. basically the president's ideas on how to deal with an economy are an empty binder, if you will. we have brought forward item after item and suggestion after suggestion and bill after bill. we've passed bipartisan legislation in the house, and the senate won't take it up. what we need to do is make certain that we extend the bush tax cuts. we also want to go about closing some of the loopholes and primarily we have to cut federal spending. federal spending is completely out of control and making some cuts into this baseline so that you're actually reducing what the federal government spends is imperative. this president has put more debt on the backs of future generations and on the american people than any other president in history. and we have to get the spending under control. i talk to women every day that say they have 16 trillion reasons to go to the poll and vote against this president because they are so fed up with this out of control spending. >> congresswoman, mash sha blackburn. good to see you. >> good to see you. thank you. >> dave, let me bring you back in. it's
the economy billions of dollars and insurers 20 billion at least. this is devastating hurricane. what is that for the overall economy mean? >> it is not going to be much for the over all economy. for the insurers they know occasionally they have to pay up for things like after katrina word was we would get devastation annually . we have hundred billions in storm devastation. they have the money to back it up. more importantly to your point, the human toll and the monetary toll is insignificant. >> gretchen: we'll have to go. we'll get to the 401's later today. storm surge could mean more danger. joe breaks down the anatomy of a storm surge. >> brian: crane barely hanging on. teetering from a high rise in manhattan. a live report. it was too dangerous to bring down. how does it work? you just he to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. [ male announcer ] it's time for medicare open enrollment. are you ready?
down unemployment in a significant way at this point. it's been kind of stuck. the economy added 114,000 jobs in september. this one is the last option before the election. it takes on that much more importance. both sides are likely to find something to talk about. president obama would say it's better than the 800,000 jobs we were losing when he took office. and romney could come out and say the unemployment rate is still high. and both would be right. economists would say it doesn't really matter. what's going on in your own life? do you have a job? does your spouse have a job? most people will vote with what is happening in their own lives. >> most people hear blah, blah, blah. >> it is really what you're feeling more than statistical. >>> more charges expected in the penn state sex abuse case against the university's former president, graham spanier. multiple reports say pennsylvania's attorney general is expected to announce perjury and obstruction of justice charges against spanier later today. as you know, spanier, in the wake of sandusky's scandal resigned. and he denied kno
chic. they're this season's must-h♪ve accessory. (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...but you still have to go to the gym. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> the cleanup effort underway along the jersey shore caused by sandy is now just being reveal
Search Results 0 to 49 of about 163 (some duplicates have been removed)

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